QUARTERLY REPORT

Comcast Posts Higher 2Q Profit

The cable MSO and owner of NBC today reported that its net income of $1.02 billion, or 37 cents per share, for the April to June period, up 16% from $884 million, or 31 cents per share, a year ago. Its broadcast TV segment revenue rose 18.5%, boosted by its acquisition of the NBC and Telemundo networks and stations.

Pac-12 To Launch National Net, 6 Regionals

The newly expanded Pac-12 Conference has partnered with cable operators Comcast, Time Warner Cable, Cox Communications and Bright House Networks to create a national network and six regional networks.

New Tech Lets Comcast Slot Ads Into Reruns

Comcast Corp. is moving to earn money off its popular video-on-demand service by “dynamically” inserting advertisements into TV reruns.

Comcast Expands Carriage Of 8 Hispanic Networks

Media and entertainment company Comcast Corp. said Tuesday it is expanding the carriage of eight Hispanic networks by about 14 million total subscribers. Comcast said that while acquiring NBCUniversal, it […]

NBC, Comcast Adopt Dynamic Ads For VOD

Moving toward a world of complete TV messaging targeting, Comcast and NBC Universal have adopted dynamic ad insertion for the company’s video-on-demand programming. Dynamic ad insertion allows for advertisements to be easily changed at any time.

SMG, Maxus Win Comcast, NBC Agency Biz

SMG will continue to support Comcast Cable and add the NBCUniversal theme parks to its portfolio. Maxus will support NBCUniversal’s domestic properties, while GroupM’s MediaCom will continue to represent the company’s media interests outside the U.S.

Comcast-Spectacor In Deal To Sell NBA’s 76ers

Comcast May Be Fined In Tennis Ch. Dispute

The FCC’s Enforcement Bureau is recommending that cable giant Comcast Corp. be sanctioned for unfairly using its market muscle to squeeze the small independent Tennis Channel.

Comcast Extends Contract For CEO Brian Roberts

NBC Retrans Pays Off For Comcast

NBC should begin receiving retrans payments for its 10-owned stations in 2013, which should have Comcast paying itself handsomely. Comcast delivers the NBC-owned stations into more homes than any other operator.

Comcast Lets Networks Program Remind Alerts

CABLE SHOW 2011

Comcast To Link Xfinity To The Cloud

On Thursday at the NCTA conference in Chicago, Comcast CEO Brian Roberts unveiled the latest generation of the Philadelphia cable giant’s Xfinity TV system, which includes applications to connect viewers via the cloud to their Facebook page, traffic and weather reports and Pandora Internet radio.

Comcast Tests Social TV With Facebook

Comcast will announce at the Cable Show later this week a “next generation TV experience” that it’s currently testing in Augusta, Ga. The system will include interactive apps that are easy to access and enhanced for TV, such as traffic and weather, and social apps such as Facebook that let users share and discover what to watch with their friends.

Comcast To Offer Subs Skype On Their TVs

In the cable television industry’s latest extension into home communication, Comcast and Skype announced on Monday that some Comcast customers would soon be able to video chat on their TV sets from the comfort of their living rooms.

Bloomberg Challenges Comcast’s Ch. Lineup

Bloomberg LP, unhappy with the placement of its financial news channel in Comcast Corp’s cable television lineup, filed a complaint with the FCC on Monday, accusing the cable operator of violating a condition of its merger with NBC Universal.

NEWS ANALYSIS

Comcast’s Olympics Bet Met With Skepticism

Comcast Corp. CEO Brian Roberts says NBC Universal’s $4.38 billion deal for the television rights for the next four Olympics will be profitable. Some analysts disagree.

NEWS ANALYSIS

Keeping Olympics Was Priority For NBC

Many media observers thought NBC would walk away from the Olympics. After all, it lost $233 million on the 2010 Games and is likely to take a bath on the 2012 Games. But NBC agreed to shell out $4.38 billion to the International Olympic Committee to hold on to the Games through 2020. For all the talk about how the new owner Comcast was going to be tougher when it came to buying sports, there was also a fear of being branded as the people who lost the Olympics and drove another nail into the coffin of NBC.

Comcast Said To Be In Talks To Sell G4

Comcast is in talks to sell a controlling interest in the G4 cable channel to the Ultimate Fighting Championship. Ultimate Fighting Championship, which produces popular but sometimes controversial mixed martial arts matches, is known to be seeking an expansion of its television footprint.

DMA 3

Will New Owners Bring New Boss To WMAQ?

After 13 years at the top of Chicago’s NBC-owned station, is veteran broadcasting executive Larry Wert moving up or out? As ratings and revenues decline at WMAQ 5 and new owner Comcast Corp. takes a hard look at all of its operations, talk of a management shakeup has moved beyond industry gossip.

Bloomberg And Comcast Fighting Again

The business news giant is accusing Comcast of reneging on a promise it made to the FCC as part of the government agency’s approval of its deal to acquire control of General Electric Co.’s NBCUniversal. At issue is where the Bloomberg Television channel is placed on Comcast cable systems.

Comcast, NBCU Merge Venture Capital Units

Comcast has combined its venture capital arm Comcast Interactive Capital with the Peacock Equity Fund — formerly a venture capital affiliate of NBC Universal and General Electric — establishing a new fund called Comcast Ventures. which will be headed by former Comcast Interactive Media President Amy Banse.

Comcast To Test Tech Overhaul

The country’s largest cable-service provider soon will start testing a new way to deliver its television channels, co-opting the same technology standard that upstart Internet rivals have used to challenge traditional pay-TV business models.

NEWS ANALYSIS

Comcast Made Rare PR Misstep In Baker Hire

Comcast Corp. was masterful when it pushed its acquisition of NBCUniversal through regulators and lawmakers. That’s why Comcast’s recent stumble in the hiring of FCC Commissioner Meredith Attwell Baker as a lobbyist is so surprising. Did Comcast not think there would be any blowback to hiring a regulator who just four months earlier voted to approve its purchase of control of NBCUniversal?

Comcast Expands TV One Distribution

‘Anti-Fox’ Free Speech TV Wants Spot On Comcast

EARNINGS CALL

Comcast To Invest $300M In NBCU This Year

The company, which bought a controlling interest in NBCUniversal in January, said $200 million will be spent mainly on new NBC shows to fill the 10 p.m. slot where Jay Leno briefly hosted a variety show every weeknight. It was a moneysaving move that was abandoned within months, after local stations complained that low ratings were hurting their 11 p.m. news.

QUARTERLY REPORT

Comcast 1Q Earnings Up 9%, Beat Street

At NBC Universal, revenue fell because last year’s figure was boosted by the Olympics. Excluding the Olympics, revenue rose 5%, helped chiefly by its cable networks, which include Bravo, E! and USA. They saw advertising revenue climb 14%, continuing to recover after the recession.

FCC OKs Sale of NBCU’s KWHY Los Angeles

As a condition of its merger with NBCU last January, Comcast promised to spin off Spanish-language KWHY Los Angeles to a minority-owned buyer. It made good on that promise by agreeing to sell the station to the Hispanic-owned Meruelo Group. With the FCC go-ahead, the parties may now close on the $40 million deal.

Comcast Bolsters Its On-Demand Roster

Comcast, the nation’s largest cable operator, says it now has a selection of TV shows from all four of the major networks, with the addition of prime-time programming from ABC and Fox. While the selection is still incomplete — hit shows like Modern Family and The Big Bang Theory are missing — Comcast boasts that it is the first cable or satellite operator to have on-demand deals with all four networks.

NBC, Versus Seal New TV Deal With NHL

Comcast and the National Hockey League have announced a new agreement that will give NBC and Versus rights to televise hockey games for the next 10 years at least.

Comcast Moves Goal Posts For NBC Sports

Less than three months after Comcast Corp. took control of NBCUniversal, NBCU’s new CEO, Steve Burke, is angling for sports deals and pushing a big shift in how the entertainment company would use them.

Roberts’ 2010 Compensation Put At $31.1M

Comcast CEO Brian Roberts received a performance-based cash bonus of $10.9 million in 2010, boosting his total compensation package to $31.1 million, a 14% increase over the previous year.

Asian-Themed Mnet In Carriage Deal With Comcast

NBCUniversal Reading Comcast’s Fine Print

Remember that stock which the new Comcast owners of NBCUniversal gave to employees on the first official takeover day January 27th? Well, turns out you have to remain an employee there until the year 2016 to actually collect those 25 shares. As a source tells me, “Just when you thought Comcast/NBCU was being generous…. Nope. They are basically giving the equivalent of an annual bonus of $125 for five years — if you can last that long.”

NCTA’s McSlarrow Joining Comcast

National Cable & Telecommunications Association President Kyle McSlarrow will join Comcast as president, Comcast/NBCU, Washington, beginning next month. McSlarrow announced last fall that he would be leaving the association to seek a job in the industry he had spent the last half a decade promoting in Washington.

Sinclair, Comcast In Multi-Year Retrans Deal

Sinclair Broadcast Group announced today that it has reached an agreement-in-principle with Comcast Corp. for a multiyear agreement for the continued carriage of 36 stations in 22 markets owned and/or operated by Sinclair or to which Sinclair provides sales services.

Roberts Wants ‘Thoughtful’ NBCU Turnaround

Brian Roberts says he is hopeful that the NBC network will start making money over time, but emphasizes that NBC entertainment chairman Bob Greenblatt has “a very tough job.”

Cable Ready For Interactive Advertising

The country’s two leading cable operators are deploying the EBIF technology that propels interactive advertising at a rapid clip. Comcast has 14 million-plus homes where set-top boxes have the technology installed, while Time Warner Cable had EBIF teed up in approximately 5 million set-top boxes at the end of 2010.

Al-Jazeera Seeks Distribution Deal With Comcast

Comcast To Tighten Ebersol’s Purse Strings?

Dick Ebersol may be hamstrung in his latest bid to land the media rights to the 2014 and 2016 Olympics, as his new boss at NBC Universal suggested he’s ready to put an end to the Peacock’s free-spending ways.